74% of retail investor accounts lose money when trading CFDs with this provider
- Experts rate XTB Currency Trading highly as a forex broker, noting its FCA regulation, competitive pricing, and robust xStation 5 trading platform. They appreciate the clear display of spreads and pip values on the dealing ticket, as well as the availability of educational resources and currency news, although they mention the absence of financial spread betting and DMA currency trading as drawbacks.
- Across 139 user reviews on Good Money Guide, averaging 4.6/5, customers frequently commend the platform's user-friendly interface, efficient trade execution, and excellent customer service. Many users highlight the educational resources and variety of trading options available, while a few express dissatisfaction regarding specific issues, indicating a mix of positive experiences and some concerns about management practices.
XTB Currency Trading Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.Our experts have rated XTB Currency Trading across five key areas of our review framework.
- Pricing4.0
- Market Access4.0
- App & Platform4.0
- Customer Service4.0
- Research & Analysis4.5
Pros
- Multi-asset trading
- Competitively priced
- Lots of markets to trade
Cons
- No financial spread betting
- No DMA currency trading
See full expert review
Our verdict
You get a little bit more than just point and click when trading forex with XTB. Specifically, XTB produce their own currency news, have an excellent FX heat map function and simple dealing ticket. Some brokers I feel overcomplicate their forex layout, but XTB, has all the pertinent information where you need it.
74% of retail investor accounts lose money when trading CFDs with this provider
Is XTB a good forex broker?
Yes, we rate XTB as a good forex broker due to their FCA regulation, competitive pricing, robust xStation 5 trading platform and FX education material.
Forex Trading Platform:
One feature I particularly like on the dealing ticket is that the spread is shown as both a spread and pip, with pip value and daily swap (overnight funding) costs clearly displayed. Plus you can see the performance of where a currency pair sits within the one day range compared to the other major forex pairs.
Customer reviews for XTB
Customer ratings come from reviews left on this site. Every review is read and approved before it is published.Based on 139 reviews
- Excellent77%
- Very good12%
- Basic7%
- Poor2%
- Bad2%
Read customer reviews
Kacper @ 03/16/2021 12:26
Ultimately best broker I have used so far! Great trading app and customer service.
Mark Thomas @ 03/16/2021 08:51
It has taken me some time, but I have finally found a excellent broker, tight spreads, an excellent platform, honourable conduct, a genuine trustworthy broker. A pleasure to do business with.
Edalgar @ 03/16/2021 09:30
Excellent trading platform, great support, very helpful education content and webinars. Fully recommend xtb for starter and professionals.
Paul kavanagh @ 03/16/2021 09:31
Great platform
Never any issues
Good training platform
Informative calendar and news
Teodora @ 03/16/2021 07:05
Trustworthy broker!
Bartosz @ 03/16/2021 08:42
xStation is amazing, videos every morning on YT are helpful and low spreads on derivatives that IÔÇÖm trading also make my life easier.
CHRIS ANDRIANOPOULOS @ 03/16/2021 08:49
Great broker , very simple but also very efficient platform , very low spreads in most accets .
Only negative , i can think , is the high charges in stocks trading , you can't scalp easily.
Razvan @ 03/16/2021 07:04
The best broker for short, mid and long term investment
Thom @ 03/15/2021 03:47
In love with their platform xStation5. Bit disappointed because they're not offering crypto anymore. Overall very good feedback.
Luk @ 03/15/2021 03:10
Great plataform , great customer support. Fast withdrawals, great education. One of the best brokers i have tried so far
Lamar @ 03/15/2021 02:49
Awesome easy platform and you could even trade in cryptos.
Definitely my favourite broker.
James @ 03/14/2021 12:22
4 out of 5 because the spread on exotic assets is still too high. I'm sure they can still do more. Definitely recommended.
Gábor Nagy @ 03/12/2021 03:47
low sperad, good webinars and learning materials
safe depo and withdraw
i do recommend, also they haveing the best platfor i have used in my 10 Years of experience :D
francisco @ 03/12/2021 11:12
They have, in my opinion, the best platform for beginners and pro investors. The customer service & educational content make the difference in my daily trading
Randy @ 03/12/2021 11:57
Verry nice Broker.
Perfect for Newstarter and advanced people!
Maik @ 03/12/2021 11:59
Best Broker
Natalia @ 03/12/2021 12:18
Best platform for trading and also good Customer Service. They answer fast and solving doubts real quick!
Totally recomend them to beginners, and also experiended investors
Jose @ 03/12/2021 01:00
The best broker I know, the platform is simple to use but very complete, the customer service is very good and the trading conditions are excellent.
Matthew @ 03/12/2021 01:44
Adam @ 03/12/2021 10:10
Great platform, very good trading conditions, I welcome education events and materials. I had a positive experience with their customer support.
In this guide, we review XTB’s forex trading platform for pricing, market access, platform features, customer service and research and analysis.
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
